Cranbourne West at a glance
20,239
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
VIC › Cranbourne West › Genoa Way
$475,500
Last sold
21 Feb 2020
3
Bedrooms
2
Bathrooms
1
Car spaces
455 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$475,500
21 Feb 2020 · derived via latest_sale
Local land rate: recorded House sales in Cranbourne West (last 5 years) with land size have a median of $1,400/m² of land (n=24). Districts calculation from recorded sales — not a valuation.
Cranbourne West at a glance
20,239
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Casey
Casey, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 456 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $570/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 456 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cranbourne West at a glance
20,239
People
No data
Median sale
$570/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneCRANBOURNE WEST - 12 Genoa Place is a beautiful home and the perfect opportunity for a first home buyer or investor.
Upon entry, you are immediately taken with the stunning plantation shutters which create a lovely, open and light living area. Offset by the floating floorboards, the living area exudes homeliness and comfort making it a space you are happy to spend time relaxing or enjoying time with the family.
From the living area, the spacious open plan kitchen and dining area offers an ideal setting for meals. The kitchen itself offers a dishwasher, gas stovetop, microwave cavity and plenty of bench space which doubles as a breakfast bar. The kitchen is equipped with everything you need to whip up a delicious family meal.
The second living area is well sized and looks out onto the enormous alfresco area. Perfect for entertaining and with easily maintained gardens, the backyard space will fit friends, family, pets and still have room for little ones to run around! The garden shed is an added bonus and a great space for extra storage.
Back inside, the master bedroom features a full ensuite, walk in robe and plantation shutters again, creating a beautiful vibe in your own private sanctuary. The remaining two bedrooms are generous sized and are both equipped with built in robes. Serviced by the main bathroom, this home is truly a home for families.
Features include:
- Plantation shutters
- Ducted heating
- Split system
- Alfresco
- Easy to maintain front and rear garden
- Garden Shed
Cranbourne West is a fast developing and family friendly area. Offering a great combination of schools including Cranbourne West Primary, and St Peter's College. The area provides easy access to main arterial roads including the Monash Freeway and East Link and is very popular with families and investors. Access to public transport including Merinda Park Station and Cranbourne Train Station is close by.
At Ray White Cranbourne our price indications are based upon probable market value, the likely selling price and vendor expectations. You can view with confidence that vendors will sell within the range with favourable conditions.
PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS
Listing description written by Kate Rushton, Ray White Cranbourne — reproduced as published, not verified by Districts.